Raksha Parikh
Three GST officers suspended for bogus raid by the state’s goods and services tax division on Tuesday after it was discovered they had taken Rs 11 lakh from a well-known trader in a phoney raid, according to top bureaucrat Rajeev Mittal. For the first time in the state administration’s history, it published an advertising to … Read more
The current state of GST on Transportation Service of commodities by aircraft or vessel is undoubtedly unpredictable. The plot started in September 2022, when it was announced that beginning on October 1, 2022, the Tax exemption for goods transportation services would expire. This has the effect of taxing the export cargo transit by Indian transporters … Read more
GST rate of construction service shall apply for other services like of construction. A recent order from the Appellate Authority for Advance Rulings (AAAR) in the case of a Thane-based developer could result in reduced costs for purchasers of under-construction properties. The appellate court ruled that fees collected by the developer, Puranik Builders, for water … Read more
7 lakh gst paediatric cancer exemptions received by a small girl from India’s indirect taxes body. The exemption was granted after Union Finance Minister Nirmala Sitharaman intervened. Following an appeal by the girl’s family, senior Congress leader Shashi Tharoor contacted Sitharaman to request a GST exemption for the medication. Tharoor praised Sitharaman and the chairman … Read more
The current GST on Hotel, Restaurant industries could be change soon, which would help the hotel and restaurant industries. The Ministry of Finance is actively considering the proposal to change the current GST structure. With an input tax credit (ITC) benefit, the Goods and Services Tax (GST) on hotels and restaurants could go up from … Read more
The value of the inter-state flow of goods in India increased to about 70% of GDP 2022 from nearly 55% of GDP in FY18, signalling increased economic integration among states after the goods and services tax (GST) was implemented According to a paper written by Bibek Debroy, chairman of the Prime Minister’s Economic Advisory Council … Read more
Crackdown on a Cyprus-based company for online gambling and GST Tax avoidance. A firm with its headquarters in Mumbai and registration in Cyprus was penalised by India’s Directorate General of GST Intelligence for operating an online gambling and betting website. The Directorate General of GST Intelligence has taken action against a Cyprus-based company known as … Read more
People with knowledge of the situation say that the Group of Ministers (GoM) that was set up to review the goods and services tax (GST) on online gaming, casinos, and horse racing is likely to keep the 18% tax on gross gaming revenue (GGR). The GoM, which is led by the chief minister of Meghalaya, … Read more
GST Collection March 2023 has exceeded 1.4 lakh crore for twelve consecutive months.It is second highest gst collection ever. GST Collection March 2023 as compared to same month of last year Here the GST revenue Collection 2023 is compared with the same month of last year. That means, it is compared with GST Collection March … Read more
The goal of this article is to cover all recent GST case laws 2023. All latest high court judgement on gst and all latest supreme court judgments on gst issued in March 2023 have been covered in this article. All latest GST case laws of March 2023 in this article have been classified by name, … Read more